The Corporate Transparency Act (CTA) is a U.S. law that was passed in 2021. It requires certain businesses to disclose ownership information to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.

The federal law was created to increase business transparency and accountability to prevent illegal activities, particularly … Read More ›

Several changes in 2024 Illinois legislative have impacted the management of condominium, homeowner (HOA), and townhome community associations. Below is an amended summary our law firm has compiled with implications of these legal updates.

If you have questions or concerns regarding these legislatives updates and their impact on your association, please do not hesitate … Read More ›

KSN is proud to announce that Anthony Lewis and Thomas Olson have each been promoted to role of Principal attorney with the firm.

About KSN attorneys Anthony Lewis:

KSN attorney Anthony Lewis has concentrated his practice in the area of property tax and assessment law since 2014. With a primary focus on Chicago and Cook County, Anthony … Read More ›

The 2024 security deposit interest rate has been set by the Illinois Department of Financial and Professional Regulation (IDPFR).

As noted on the Illinois Department of Financial and Professional Regulation website:

“The Illinois Department of Financial and Professional Regulation, Division of Banking announced today that the interest rate paid by the largest commercial bank … Read More ›